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Health insurance specialist hiring summary. Here are some key points about hiring health insurance specialists in the United States:
Here's a step-by-step health insurance specialist hiring guide:
A health insurance specialist uses electronic records of patients to evaluate insurance claims and code medical procedures. They are often hired by healthcare facilities to deal with the health insurance of patients. Therefore, they are responsible for medical records, co-payment details, and payment and billing details. Most hospitals and health care facilities employ the services of a health insurance specialist to ensure they are paid promptly and to clear all outstanding charges owed to the facility.
First, determine the employments status of the health insurance specialist you need to hire. Certain health insurance specialist roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
You should also consider the ideal background you'd like them a health insurance specialist to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a health insurance specialist that fits the bill.
Here's a comparison of health insurance specialist salaries for various roles:
| Type of Health Insurance Specialist | Description | Hourly rate |
|---|---|---|
| Health Insurance Specialist | Insurance sales agents help insurance companies generate new business by contacting potential customers and selling one or more types of insurance. Insurance sales agents explain various insurance policies and help clients choose plans that suit them. | $21-38 |
| Agent | Agents are individuals who are employed by their clients to represent them in various dealings. Agents are usually employed by people in the show business industry, such as actors, writers, or directors... Show more | $9-34 |
| Field Agent | Field agents are the ones who work and do their job not inside the four corners of the office; instead, they do the assigned task outside. They often are expected to have good communication skills so that they can get a response from the most unwilling person in the area... Show more | $12-24 |
Including a salary range in your health insurance specialist job description is one of the best ways to attract top talent. A health insurance specialist can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Wisconsin | $91,037 | $44 |
| 2 | New York | $86,550 | $42 |
| 3 | District of Columbia | $78,667 | $38 |
| 4 | Massachusetts | $74,269 | $36 |
| 5 | New Hampshire | $73,897 | $36 |
| 6 | California | $73,171 | $35 |
| 7 | Alaska | $72,909 | $35 |
| 8 | Alabama | $72,545 | $35 |
| 9 | Rhode Island | $72,543 | $35 |
| 10 | Colorado | $71,428 | $34 |
| 11 | Texas | $68,557 | $33 |
| 12 | Michigan | $68,181 | $33 |
| 13 | Minnesota | $67,754 | $33 |
| 14 | Pennsylvania | $66,126 | $32 |
| 15 | South Carolina | $64,008 | $31 |
| 16 | Florida | $63,939 | $31 |
| 17 | Maryland | $63,447 | $31 |
| 18 | North Carolina | $61,935 | $30 |
| 19 | Indiana | $60,871 | $29 |
| 20 | Arkansas | $60,608 | $29 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Seedco | $76,365 | $36.71 | |
| 2 | US Oncology Holdings Inc | $76,349 | $36.71 | 8 |
| 3 | Columbia University in the City of New York | $74,480 | $35.81 | 1 |
| 4 | Addison Group | $71,886 | $34.56 | 9 |
| 5 | Healthcare Solutions Team | $69,718 | $33.52 | |
| 6 | Duke University Health System | $69,379 | $33.36 | 2 |
| 7 | Asurea | $69,296 | $33.32 | 266 |
| 8 | Concentrix | $64,989 | $31.24 | 5 |
| 9 | Randstad North America, Inc. | $62,969 | $30.27 | 6 |
| 10 | Foundation Communities | $57,178 | $27.49 | 3 |
| 11 | HHS.gov | $42,601 | $20.48 | |
| 12 | Balance Staffing | $35,004 | $16.83 |
A job description for a health insurance specialist role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a health insurance specialist job description:
To find the right health insurance specialist for your business, consider trying out a few different recruiting strategies:
Recruiting health insurance specialists requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the health insurance specialist position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Recruiting health insurance specialists involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
You can expect to pay around $60,601 per year for a health insurance specialist, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for health insurance specialists in the US typically range between $21 and $38 an hour.